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If there is no time frame for approval verbal or written : You can have the P&S rescinded.
Have your seller sign a release form to have your deposit returned to you.
Remember you are bound when it is in writing-- and don't forget never ever make promises or guarantees verbal or in writing.
May I ask why you would like to rescind from this deal? I feel that the information may help me in my own future transactions.
Call me: 718-337-5561 anytime EST. till 7:00 p.m.
There is no time frame for the bank approval. There has been a verbal approval but no written approval.
... and, it's free and anonymous
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Can I back out of a short sale if bank has not yet provided written approval of the transaction?
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